OAR 177-200-0012: Ownership of Cash Slips

(1) General: Except for a cash slip claimed jointly in accordance with the provisions of OAR 177-046-0110(5), until such time as a name of an individual or individuals is imprinted or placed upon a cash slip, a cash slip is a bearer instrument and is owned by the holder of the cash slip. (2) Notwithstanding section (1) of this rule, the bearer or owner of a winning cash slip may not sell the cash slip to another person or pay another person to claim the prize in violation of HB 3115 (2025). (3) Joint Owners: Multiple individuals at least 21 years of age may jointly own and claim payment as owners of a cash slip using the methods described in OAR 177-046-0110(5) for claiming jointly. Multiple individuals each hold independent and equal shares of ownership in the cash slip. (4) Owner: When a name is placed upon a cash slip in the designated area, the cash slip ceases to be a bearer instrument. The individual(s) whose name(s) appears in that area on the cash slip is the owner(s) of the cash slip. (5) Natural Person: Only a natural person who is at least 21 years of age may own a cash slip and claim payment for it.